Balance tables
New Zealand’s energy production comes from both renewable and non-renewable sources. The energy balance tables are an international accounting framework, used to show how energy supply and demand by sector varies by energy type.
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To seek your direction to engage with iwi and hapū on a review of the Treaty principles provisions in the Crown Minerals Act 1991 (CMA).
pdf, 1.6 MBBalance tables
New Zealand’s energy production comes from both renewable and non-renewable sources. The energy balance tables show how energy supply and demand by sector varies by energy type.
Consultation on technical Open Banking issues: Delegation systems and professional trust accounts
MBIE invites feedback on a proposal to address two technical open banking issues. The issues relate to the way that businesses delegate permission to authorise open banking data-sharing, and the extent to which open banking is enabled for professional trust accounts.
Oil
New Zealand is a producer of crude oil, with fields concentrated around Taranaki. However, the crude oil produced in New Zealand has historically been almost entirely exported. Since the closure of New Zealand’s only oil refinery at Marsden Point, all domestic petroleum needs are served by imports of refined products such as petrol, diesel, and jet fuel.
Review of the Treaty principles provisions in the Crown Minerals Act 1991
MBIE was directed by Cabinet to lead a review of the Treaty principles provisions in the Crown Minerals Act 1991 (CMA), separate to the review being undertaken by the Ministry of Justice (MOJ).
Coal
New Zealand has in-ground coal resources of more than 15 billion tonnes, of which 80% are lignite in the South Island. There are also substantial resources of sub-bituminous coal in both islands, and a lesser amount of high-quality bituminous coal, mainly on the West Coast of the South Island.
MBIE welcomes sentencing for director who forged document
The Ministry of Business, Innovation and Employment (MBIE) has welcomed the sentencing of Neil Gould in the North Shore District Court for offending relating to the use of a forged document to support a building project’s Code Compliance Certificate (CCC) application.
Renewables
Renewable energy is often associated with electricity production, specifically wind, solar, or hydro generation. However, renewable energy is also used for direct heat applications such as milk powder drying, paper making, commercial space heating, or Rotorua’s heated pools.